BizYet

Meta Launches New Round of 10% Layoffs, Transfers 7,000 Employees to AI Projects bizyet.com/en/AI/567 Meta announced a new round of massive layoffs on May 20, 2026, planning to cut about 10% of its global workforce (approximately 8,000 people) while transferring about 7,000 employees to new AI-focused projects. Meta's Chief People Officer said in an internal memo that the restructuring is to prioritize AI workflows and adopt a flatter organizational structure to improve efficiency and decision-making speed. This is Meta's largest layoff since 2023. #MarkZuckerberg #TechCompany

Elon Musk Loses Lawsuit Against OpenAI! bizyet.com/en/AI/566 On May 18, 2026, a federal jury in Oakland, California unanimously ruled against Elon Musk in his lawsuit against OpenAI, CEO Sam Altman and co-founder Greg Brockman. The jury found Musk knew about OpenAI's for-profit transition as early as 2021 but waited until 2024 to file suit, exceeding California's three-year statute of limitations. This ruling removes the biggest legal obstacle to OpenAI's IPO, and Musk said he will appeal. #ElonMusk #OpenAI #Lawsuit #SamAltman #ArtificialIntelligence

Google I/O 2026 Unveils Gemini 3.5 Series, Omni Video Generation and Spark Agent bizyet.com/en/AI/565 Google held its annual I/O developer conference on May 19, 2026, unveiling major AI breakthroughs. The new Gemini 3.5 Flash model becomes the default for Gemini app and Google Search, with generation speed 4x faster than competitors. Gemini Omni multimodal model supports mixed text, image, audio and video inputs, allowing video editing through conversation. Gemini Spark agent can autonomously complete tasks like email sorting and meeting notes 24/7 in the background. Google CEO Sundar Pichai announced Gemini has over 900 million monthly active users. #GoogleIO2026 #Gemini3.5 #AIAgent #Google #ArtificialIntelligence

Musk, Jensen Huang & Tim Cook Join Trump's China Visit Trump started his state visit to China after nine years, with Elon Musk and Jensen Huang accompanying him on the same flight. Jensen Huang boarded the plane at the last minute during an Alaska stopover on Trump’s personal invitation. On May 14, they appeared at the China-US summit in the Great Hall of the People. Musk went viral for his 360° on-site shooting, saying many good things are happening. Tim Cook first made a "yeah" gesture then gave a thumbs-up. Jensen Huang spoke highly of the meeting and valued huge opportunities in China's AI market. The gathering of tech giants signals warming China-US cooperation in technology and economy, becoming a hot topic on global social media.

Baidu Releases ERNIE 5.1: Pre-Training Cost Only 6% of Industry, No.1 in China Search bizyet.com/en/AI/563 On May 9, Baidu officially released ERNIE 5.1, adopting multi-dimensional elastic pre-training: total parameters reduced to 1/3 of the previous version, active parameters to 1/2, pre-training cost only 6% of industry peers. It ranks 1st in China, 4th globally (1223 points) on LMArena search; agent, reasoning and creative writing capabilities approach top closed-source models. ERNIE 5.1 is available on Qianfan and Yiyan for enterprises and developers, marking China’s large models shifting from “parameter scaling” to “efficiency optimization”. #BaiduERNIE5.1 #LLM #AIEfficiency

Kuaishou’s Kling AI Video Spinoff Planned at ~$20B Valuation bizyet.com/en/AI/562 On May 12, it was reported that Kling, Kuaishou’s AI video generation brand, is preparing for a spin-off IPO and in Pre-IPO funding talks at a ~$20 billion valuation. Kling leads China in high-frame-rate, long-duration, high-consistency video generation, with commercialization exceeding expectations, rising MAUs and enterprise orders. The spin-off aims to unlock AI tech value, access global capital and key clients independently, strengthening Kuaishou’s AIGC leadership #AIGC #KuaishouKling #AIVideoGeneration

OpenAI Launches $4B Deployment Company & Acquires Tomoro for Enterprise AI bizyet.com/en/AI/561 On May 11, OpenAI launched its independent deployment company, OpenAI Deployment Co., with over $4 billion in initial investment, and acquired AI consulting firm Tomoro (integrating around 150 engineers). It shifts to an enterprise delivery model of “models + on-site engineers.” Led by TPG with 19 global investors and system integrators, the new entity aims to embed AI directly into clients’ core workflows and accelerate large-scale adoption amid Anthropic’s strong enterprise expansion。 #OpenAI #AIDeployment #EnterpriseAI

Moonshot AI's Kimi Secures $2B Funding, Valuation Exceeds $20B Post‑Investment bizyet.com/en/AI/560 On May 6, Chinese LLM firm Moonshot AI (Kimi) announced $2B in new funding, led by Meituan Dragon Ball, with participation from China Mobile, CPE Source and others. Post‑money valuation exceeds $20B, quadrupling in six months, with total funding over **$3.9B**. Its flagship K2.6 is a 1T‑parameter MoE model supporting ultra‑long context and high‑intensity code generation, beating multiple closed‑source models on key coding benchmarks. Kimi’s annualized revenue (ARR) rose from $100M in early March to $200M in April, outperforming commercialization expectations. #MoonshotAI #Kimi #AIFunding #ChinaAI

Musk Explains xAI Shutdown: Merged into SpaceX, Renamed SpaceXAI, Focused on Space Compute bizyet.com/en/AI/559 On May 6, Musk officially explained xAI’s shutdown on X: xAI will no longer exist as an independent company; it will be merged into SpaceX and renamed SpaceXAI, positioned as SpaceX’s AI product line. He stated the goal is centralized management of rockets, satellites, AI compute, and data platforms, placing AI regulatory risks under SpaceX’s governance. SpaceX acquired xAI in February at a combined valuation of $1.25T; all xAI founders have left. On the same day, SpaceXAI partnered with Anthropic to provide Colossus 1 supercomputer (220k+ NVIDIA GPUs) and jointly develop orbital AI compute. #ElonMusk #xAI #SpaceXAI

OpenAI Launches GPT-5.5 Instant with 52.5% Lower Hallucination Rate bizyet.com/en/AI/558 On May 5, OpenAI officially upgraded ChatGPT’s default model to GPT-5.5 Instant, replacing GPT-5.3 Instant. It focuses on higher accuracy, concise responses, and fewer unnecessary emojis. In high‑risk domains (medical, legal, financial), hallucinations dropped 52.5%; user‑marked factual errors fell 37.3%. Math & reasoning improved: AIME 2025 score rose from 65.4 to 81.2. Available to free & Plus users; paid users can revert for 3 months. #OpenAI #GPT5.5 #ChatGPT

Microsoft and OpenAI Revised Cooperation, Ending Exclusive Tie bizyet.com/en/AI/557 Microsoft and OpenAI revised their cooperation agreement and cancelled the exclusive computing power partnership. OpenAI is allowed to cooperate with more cloud service providers, while Microsoft retains equity and long-term cooperation rights. This change breaks the monopoly of AI computing power and promotes the diversified and open development of the global AI industry. #OpenAI #Azure #Microsoft

Google to Invest Up to $40B in Anthropic, Forging Compute & Ecosystem Ties bizyet.com/en/AI/556 On April 27, per WSJ and other outlets, Google plans an initial $10B investment in Anthropic, plus $30B in follow-ups, totaling up to $40B at a $3500–3800B valuation. Google will provide 5GW of TPU compute, deepening ties with Anthropic’s Claude to counter Microsoft–OpenAI and reshape global AI competition. #Google #Anthropic #Claude #AI

DeepSeek V4 Open Source Goes Viral: 1.6T Parameters, 1M Context, Domestic Compute Support bizyet.com/en/AI/555 On April 24, Chinese AI firm DeepSeek launched and open‑sourced V4 series: V4‑Pro (1.6T parameters) and V4‑Flash (284B), with 1M‑token context. A key highlight is full optimization for Huawei Ascend chips, delivering faster inference at lower cost than Western peers. It went viral globally on April 27 as a “domestic LLM milestone.” #DeepSeekV4 #AI

OpenAI “Trial of the Century” Begins April 27; Musk vs. Altman bizyet.com/en/AI/554 On April 27, the Musk vs. OpenAI/Altman trial, dubbed the “Trial of the Century,” opened in Oakland, California. Musk alleges breach of non-profit mission and unjust enrichment, seeking over $100B. The hearing centers on OpenAI’s for-profit shift, Microsoft exclusive deal, and valuation, with far-reaching implications for global AI governance. #OpenAI #Musk #Altman

TSMC Accelerates 3nm AI Chip Expansion to Reshape Global Computing Supply Chain bizyet.com/en/AI/553 TSMC announced on April 17 accelerated 3nm AI chip expansion in Taiwan, US and Japan to meet surging AI computing demand, with 2026 sales projected to grow over 30%. New 3nm fabs in Taiwan’s Southern Science Park will start mass production in H1 2027, with US and Japan facilities underway. Global AI chip supply expands rapidly. #TSMC #3nm #AI #GPU

Google Gemini 3.0 Launches with 1M Token Context & Top Multimodal Performance bizyet.com/en/AI/552 Google DeepMind released Gemini 3.0 on April 26 with a trillion-parameter MoE architecture and 1M-token context window, topping benchmarks like LMArena and WebDev Arena. Its multimodal capabilities excel at parsing images, charts and formulas, with full access across Google AI Studio and Vertex AI. Enterprises and researchers worldwide are testing it for long-document and academic use cases. #Google #Gemini3

OpenAI Launches Workspace Agents for Enterprise AI Deployment bizyet.com/en/AI/551 OpenAI launched Workspace Agents on April 23, an evolution of GPTs that turns repetitive workflows into shareable agents for teams. Powered by Codex, it accesses files, calls tools, and runs tasks in the background, usable directly in ChatGPT and Slack. It sparks global discussions on boosting office automation and reshaping enterprise AI applications. #OpenAI #AIAgent #WorkspaceAgents

Tesla Q1 Profit Up 56%, Musk Warns of Severe Global AI Chip Shortage bizyet.com/en/AI/550 Tesla reported Q1 2026 results on Apr 23: revenue $22.387B (+16%), adjusted net income $1.453B (+56%). Elon Musk announced >$25B annual capex and Terafab chip plant launch. He warned of severe AI chip shortages in 1–2 years; humanoid robots are core, with a 1M-unit/year factory planned for Q2. #TeslaEarnings #AIChipShortage #HumanoidRobots #Musk

AI Agents Boom: OpenClaw Hits 136K Stars, Multi-Agent Collaboration Becomes Norm bizyet.com/en/AI/549 In April, AI agent framework OpenClaw hit 136K GitHub stars, exploding developer adoption. Global AI agent developers exceed 5M, up 320% YoY. Google launched Gemini Enterprise Agent Platform, deployed by GE, KPMG. Kimi K2.6 orchestrates 300 sub-agents in parallel, ushering in the “AI OS” era. #AIAgents #OpenClaw #MultiAgent #EnterpriseAI